NEXGEL, INC. 8-K

What Happened
NexGel, Inc. announced that Adam E. Drapczuk III was appointed Interim Chief Financial Officer and designated principal financial and accounting officer effective January 1, 2026. He replaces Joseph F. McGuire, whose employment terminated effective December 31, 2025. Drapczuk previously served as NexGel’s CFO from June 1, 2021 to December 31, 2024 and was a financial consultant to the company during 2025.

Key Details

• Interim CFO: Adam E. Drapczuk III, age 50; effective January 1, 2026.
• Compensation: annual cash salary of $200,000; company owes him approximately $93,000 for his 2025 consulting work.
• Equity: the board intends to grant equity under the 2019 Long-Term Incentive Plan; terms to be announced.
• Separation: details of former CFO Joseph F. McGuire’s departure are being finalized and will be disclosed in an amended filing.

Why It Matters
A change in the principal financial officer is material for investors because the CFO oversees financial reporting and controls. Investors should note the immediate leadership change, the company’s prior use of Drapczuk in CFO and consulting roles (which may support continuity), his compensation and outstanding consulting receivable, and that full details of the prior CFO’s separation will be provided later.